~13% (40y) since 1984
Portfolio value
$94.6B
Positions
169
Top 5 concentration
35%
New buys this quarter
9
| Stock | Move | % of portfolio | Value |
|---|---|---|---|
| $MU Micron Technology Inc | Trimmed | 13.7% | $13.0B |
| $INTC Intel Corp | Held | 6.9% | $6.5B |
| $LLY Eli Lilly & Co | Held | 6.9% | $6.5B |
| $KLAC KLA Corp | Added | 3.9% | $3.7B |
| $GOOGL Alphabet Inc | Held | 3.6% | $3.4B |
| $AZN.L AstraZeneca PLC | New buy | 2.4% | $2.3B |
| $NVDA NVIDIA Corp | Held | 2.4% | $2.2B |
| $AMZN Amazon.com Inc | Held | 2.1% | $2.0B |
| $TSLA Tesla Inc | Held | 1.9% | $1.8B |
| $BIIB Biogen Inc | Held | 1.9% | $1.8B |
| $SIE.DE Siemens AG | New buy | 1.9% | $1.8B |
| $TXN Texas Instruments Inc | Trimmed | 1.9% | $1.8B |
| $FDX FedEx Corp | Held | 1.7% | $1.6B |
| $MSFT Microsoft Corp | Held | 1.7% | $1.6B |
| $AMGN Amgen Inc | Trimmed | 1.7% | $1.6B |
| $SCHW Charles Schwab Corp/The | Held | 1.5% | $1.4B |
| $ROST Ross Stores Inc | Held | 1.5% | $1.4B |
| $LUV Southwest Airlines Co | Added | 1.4% | $1.4B |
| $BSX Boston Scientific Corp | Added | 1.4% | $1.3B |
| $UAL United Airlines Holdings Inc | Held | 1.3% | $1.2B |
| $BABA Alibaba Group Holding Ltd | New buy | 1.1% | $1.1B |
| $GSK GSK PLC | New buy | 1% | $953M |
| $V Visa Inc | Added | 1% | $933M |
| $ADI Analog Devices Inc | Held | 0.9% | $890M |
| $TJX TJX Cos Inc/The | Held | 0.9% | $886M |
| $DAL Delta Air Lines Inc | Held | 0.9% | $883M |
| $GOOG Alphabet Inc | Trimmed | 0.9% | $875M |
| $BMY Bristol-Myers Squibb Co | Held | 0.9% | $824M |
| $NTAP NetApp Inc | Held | 0.9% | $811M |
| $CAT Caterpillar Inc | Held | 0.8% | $784M |
| $JPM JPMorgan Chase & Co | Held | 0.8% | $751M |
| $BIDU Baidu Inc | Held | 0.8% | $742M |
| $SONY Sony Group Corp | New buy | 0.8% | $733M |
| $COP ConocoPhillips | Held | 0.7% | $705M |
| $ADBE Adobe Inc | Added | 0.7% | $699M |
| $ONC BeOne Medicines Ltd | New buy | 0.7% | $669M |
| $NVS Novartis AG | New buy | 0.7% | $667M |
| $TMO Thermo Fisher Scientific Inc | Held | 0.7% | $615M |
| $RJF Raymond James Financial Inc | Held | 0.6% | $603M |
| $ORCL Oracle Corp | Held | 0.6% | $587M |
| $MRVL Marvell Technology Inc | Held | 0.6% | $583M |
| $AAL American Airlines Group Inc | Added | 0.6% | $536M |
| $DIS Walt Disney Co/The | Added | 0.5% | $502M |
| $IFX.DE Infineon Technologies AG | New buy | 0.5% | $465M |
| $CSCO Cisco Systems Inc | Held | 0.5% | $450M |
| $ELAN Elanco Animal Health Inc | Held | 0.5% | $437M |
| $RCL Royal Caribbean Cruises Ltd | Held | 0.4% | $418M |
| $AAPL Apple Inc | Held | 0.4% | $402M |
| $GLW Corning Inc | Held | 0.4% | $397M |
| $FDXF Fedex Freight Holding Co Inc | New buy | 0.4% | $395M |
Showing top 50 of 169 equity positions (this fund runs a diversified book).
Source: SEC N-PORT via FMP · Jun 2026 report · monthly portfolio, public with a delay. Long equity positions only. Not financial advice.